Network 18 Media & Investments is engaged in activities spanning across Digital Content, Print and Allied Businesses. Presenting below are its Q2 FY26 earnings results.
Q2 FY26 Earnings Results
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Standalone Operating Revenue: ₹477.2 crore, up 7.2% YoY from ₹445.3 crore in Q2 FY25, and up from ₹430.4 crore in Q1 FY26.
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Consolidated Total Income: ₹500.84 crore, compared to ₹478.01 crore in Q1 FY26.
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Net Profit (Consolidated): ₹40.68 crore, compared with a net profit of ₹148.03 crore in Q1 FY26 and a loss of ₹95.84 crore in Q2 FY25.
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EPS: ₹0.26 for Q2 FY26, down from ₹0.97 in Q1 FY26 and a negative ₹0.63 in Q2 FY25.
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Operational Commentary: Operating costs reduced to ₹100.1 crore, total expenses down on YoY basis reflecting cost control measures.
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Viewership: Network18 maintained leadership in TV news with a 13.5% all-India viewership share and over 250 million monthly viewers, leading in many national and regional markets.
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Channel Leadership: CNBC TV18 retained top position among business news channels with 67.8% market share; News18 India and CNN News18 led Hindi and English news segments respectively.
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Non-News Growth: Network18 expanded into fintech via Moneycontrol partnership with HDFC Bank, targeting new digital revenue streams.
Management Commentary & Strategic Moves
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Acquisition of remaining 50% stake in IBN Lokmat News Pvt. Ltd., making News18 Lokmat a wholly owned subsidiary for ₹25 crore. This strengthens Network18’s leading position in Marathi regional news.
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Network18 aims to consolidate regional leadership, enhance digital footprint, and diversify revenue sources beyond traditional advertising.
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Strong pricing yields and operating position helped overcome challenges from a 7% decline in TV news advertising inventory.
Q1 FY26 Earnings Results
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Standalone Operating Revenue: ₹430.4 crore.
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Net Profit (Consolidated): ₹148.03 crore.
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EPS: ₹0.97.
To view the company’s previous earnings and latest concall transcripts, click here to visit the Alphastreet India news channel.